Marathon is dedicated to managing capital for our clients in a prudent and productive manner that seeks attractive risk-adjusted returns while having a keen focus on alignment of interest for our partners.
Marathon Asset Management LP, formed in 1998 by Bruce Richards (Chairman & Chief Executive Officer) and Louis Hanover (Chief Investment Officer), seeks attractive absolute returns through investments in the global credit markets and real estate related markets with a long-term goal of building a world-class asset management platform. Marathon’s core competency is opportunistic investing in the global corporate, emerging market and structured credit markets based on fundamental, bottom-up research across distinct investment funds, managed vehicles, and separate accounts. Marathon’s private credit business includes direct lending, asset based lending, including healthcare and aircraft leasing along with real estate lending. Marathon’s team has significant experience investing in credit dislocations through multiple cycles. Marathon’s team is fully integrated to capitalize on credit opportunities globally. Marathon possesses a unique, broad-based skill set and proprietary platform to research, analyze and act upon complex capital structures and situations.
In 2003, Marathon became an SEC-registered investment adviser in the U.S. Our U.K. office, MCAP Global Finance (UK) LLP, is authorized and regulated by the Financial Conduct Authority, U.K.. Our Singapore office, Marathon Asset Management Singapore Pte. Ltd., is a Capital Markets Services License Holder with the Monetary Authority of Singapore (“MAS”). FCA Disclosure – Stewardship Code Letter
Marathon is owned by the Partners of the Firm, which consist of Bruce Richards (Chairman & Chief Executive Officer), Louis Hanover (Chief Investment Officer), Andrew Rabinowitz (President & Chief Operating Officer), Jamie Raboy (Chief Risk Officer), Andrew Springer (Head of Structured Credit), Gabriel “Gaby” Szpigiel (Co-Head of Emerging Markets), and Andrew Brady (Co-Head of Corporate Credit).
In 2009, Marathon was one of nine managers selected by the U.S. Treasury to manage assets for the Public Private Investment Program (“PPIP”).
In June 2016, Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management, acquired a passive, minority ownership interest in Marathon. Marathon maintains autonomy over its business management, operations, and investment processes and will leverage the partnership with Blackstone to capitalize on opportunities and expand our business.
Louis Hanover, CIO
Jamie Raboy, CRO
Gabriel Szpigiel, Senior Portfolio Manager
Andrew Springer, Senior Portfolio Manager
Andrew Brady, Senior Portfolio Manager
MCAP Global Finance (UK) LLP (London affiliate) is authorized and regulated by the Financial Conduct Authority, U.K.
Marathon Asset Management Singapore Pte. Ltd. (Singapore affiliate) is a Capital Markets Services License Holder with MAS, Singapore
1 As of September 30, 2018
2 As of September 30, 2018